4 months on rocket

1640 Paseo Del Mar, Palos Verdes Estates, CA, 90274

$6,599,000

5 Bedrooms
4 Full Baths, 2 Partial
4,300 SqFt
$1,535/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1976
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Living Room, Primary Bedroom, Recreation Room
ViewBluff, Other, Ocean, Panoramic
Private PoolYes
MLS #SB24124278
Lot Size0.27 Acres
StatusActive

About 1640 Paseo Del Mar

Stunning home across from the bluffs on the most prestigious street in Palos Verdes Estates. Parkland across the street guarantees unobstructed views from The Queen's Necklace to Malibu's Pt. Dume. The sweeping Vistas includes views of downtown Los Angeles, the Hollywood sign, the Griffith Park Observatory and nighttime city lights views up and down the coast. The approx 4300 square foot home(BTV) includes 5 bedrooms and 6 baths, 4 fireplaces, a large yard, outdoor cooking area, pool and Jacuzzi. All 5 bedrooms are on the 2nd level. The bedrooms are large and each accommodates a King sized bed. There are 4 bathrooms upstairs with a large bathroom servicing the primary bedroom and 1 bedroom is ensuite. These 2 bedrooms have magnificent ocean views and a large balcony. The 3 additional upstairs bedrooms also have a balcony that overlook the large rear yard and pool area. The entry level has 4 sets of large accordion style doors that open up the house to the outside. It gives you a sense that you are sitting on the bluffs. The dining area is connected to the large kitchen. Additionally there is a game room with a pool table, a theater area and a large ocean view living room. All of these downstairs rooms have views of the ocean. There are 2 half bathrooms downstairs, one of which has direct access to the backyard which also services the pool and outdoor kitchen area. Large 3 car garage in the back alley with a large parking pad that can accommodate parking for an additional 5 cars. Elevator ready and ADU potential. Full renovation and addition in 2013. A legacy home with forever views.Seller requests 24 hour notice if possible

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2
  • Living Area: 4,300 SqFt

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

Interior Features

Interior Information:

  • Interior: All Bedrooms Up
  • Fireplace: Family Room, Living Room, Primary Bedroom, Recreation Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Bluff, Other, Ocean, Panoramic

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: PV Drive north to Paseo Del Mar

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,599,000
  • Price Per SqFt: $1,535/SqFt

Tax Information:

  • Annual Amount: $34,530
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palos Verdes Estates, CA.

Med. Sold Price

$2.8M

Med. Price/SqFt

$1,019

Avg. Days On Market

48

# of Sold Homes

16

1640 Paseo Del Mar vs Palos Verdes Estates

145 DAYS ON ROCKET

+97 Days

$6,599,000

+$3.7M More

$1,535/SqFt

+$516 More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $516/SqFt more than other homes in Palos Verdes Estates, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24124278

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 29, 2011Home Sold
$2,335,000
Apr 28, 1994Home Sold
$861,000

Tax History

YEARPROP. TAXASSESSMENT
2021$34,530$3,008,675
2020$33,084$2,977,826
2019$32,840$2,919,438
2018$30,959$2,862,195
2017$30,959$2,806,074

History based on county public records data.

Payment Calculator

$33K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-431831
9
/10
  • Lunada Bay Elementary

  • 520 Paseo Lunado

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-431832
9
/10
  • Vista Grande Elementary

  • 7032 Purple Ridge Dr

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-431833
9
/10
  • Montemalaga Elementary

  • 1121 Via Nogales

  • 1.37 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $133,750. Most Palos Verdes Estates, CA residents have annual incomes $200k+. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1640 Paseo Del Mar

What is the listing price of this property?

The listing price of 1640 Paseo Del Mar property is $6,599,000.

What type of property is this?

The property 1640 Paseo Del Mar is a house located in Palos Verdes Estates, California, 90274.

Is this property for sale now?

Active Listing: 1640 Paseo Del Mar is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,530 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 29, 2011 for $2,335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1640 Paseo Del Mar has 5 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 1640 Paseo Del Mar is 4,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1640 Paseo Del Mar is 1976.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates902741640 Paseo Del Mar

This home is located at 1640 Paseo Del Mar in Palos Verdes Estates, CA and zip code 90274 in the Lunada Bay / Margate neighborhood. This 4,300 square foot home, which was built in 1976, sits on a 0.27 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $6,599,000.

In October 2024, from all listings sold in Palos Verdes Estates, CA there were more than 6 sold above asking price, over 10 sold below and more than 0 were sold right at the asked price. The number of listings in Palos Verdes Estates, CA increased by 9.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $2,800,000, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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